'Indian households own nearly 22,000 tonnes of gold'

Our company's goal is to become the most deeply penetrated AMC in the country, which we think is achievable because we are a part of the Mahindra group that has deep penetration across the length and breadth of the country. A passively managed index fund is perhaps more suitable for smaller investors from newer markets, where people will find it easy to understand a product that mimics a benchmark. An active fund not only has to be explained but it also has to be better than the benchmark on performance. However, the very people whom passive funds suit most are no

This article was originally published on January 17, 2020.